Category: AutoRadar

New Market Days Supply Module in AutoRadar

September 24, 2021

  Get ready to experience a better way to visualise and navigate your inventory with our New Market Days Supply module in AutoRadar.   Market Days Supply is an essential metric to drive used car success.   Why?   Knowing your Market Days Supply allows you to understand the actual demand in your market and empower you to make profitable decisions.   Location, equipment, kilometres…it all makes a difference. That is why Market Days Supply...

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Three principles to end the year strong at your used car dealership

November 30, 2020

As we start to move out of lockdown, borders are opening, restrictions are eased and we head toward ‘Covid Normal’, it is important to have a clear plan and focus on how we intend to drive success in our used car departments. While it may seem overwhelming at times, by following a few basic principles that you monitor and report on, you will see positive improvements faster. Based on Dale Pollak’s session at AADA and...

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The Impact of new car sales on the used car market during COVID-19

October 8, 2020

  It comes as no surprise to any of us in the industry that analysts are predicting one of the weakest years in new car sales in the last 15 years. This is a global problem brought on by Covid-19 lockdowns that impacted the supply and demand of stock like we have never seen in our lifetimes. The downturn is also going to affect used car businesses across the country in terms of pricing, availability,...

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Market Insights Tools: the advantages and how to use them to optimise your used car profitability

August 27, 2020

We know that used car prices across Australia have been tracking high since April as a direct result of the challenging market conditions. While the availability of used stock has declined, we still see steady demand in a declining market. This begs the question, what is your used car strategy and are you maximising every opportunity when it comes to stocking and pricing?   In July, we saw the lowest number of active used vehicles...

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